On July 4, 2025, H.R. 1 — the One Big Beautiful Bill Act (the OBBBA) was enacted into law. We discussed the version of the bill that passed in the House in May (the House bill) in our previous update. On July 1, the Senate...more
7/9/2025
/ Clean Energy ,
Energy Policy ,
Energy Projects ,
Foreign Entities ,
Foreign Investment ,
Investment Tax Credits ,
National Security ,
New Legislation ,
Regulatory Requirements ,
Renewable Energy ,
Solar Energy ,
Supply Chain ,
Tax Credits ,
Wind Power
On May 22, the U.S. House of Representatives passed an amended version of H.R. 1—the One Big Beautiful Bill Act (the Bill) — by a vote of 215-214. The House-passed version of the bill, slated to be considered by the Senate...more
6/11/2025
/ Carbon Capture and Sequestration ,
Clean Energy ,
Energy Policy ,
Energy Projects ,
Federal Budget ,
Foreign Entities ,
Hydrogen Power ,
Internal Revenue Code (IRC) ,
Investment Tax Credits ,
IRS ,
Net Zero ,
Nuclear Power ,
Production Tax Credit ,
Proposed Legislation ,
Regulatory Agenda ,
Renewable Energy ,
Solar Energy ,
Tax Credits ,
Tax Planning
On March 9, 2021, a bipartisan group of federal lawmakers introduced the “Energy Storage Tax Incentive and Deployment Act of 2021” (the “Act”) which is intended to extend certain investment tax credits to standalone energy...more